Merlin Chain präsentiert $MERL Token zur Steigerung der Bitcoin Layer 2 Funktionalität

Daily Top Performer — Arkham Intelligence (ARKM)

ARKM experiences strong growth after integrating Manta Pacific for blockchain data analysis and monitoring

Last week, the SPX index experienced a 3.05% decrease, influenced by strong US economic data and hawkish statements from Federal Reserve officials. This has led to expectations of delayed interest rate cuts, with some analysts even predicting no rate cuts for the year. The overall cryptocurrency market has also seen a decline, with Bitcoin and Ether dropping by 0.31% and 0.19%, respectively, in the past 24 hours.

Today, one of the top performers is ARKM, which has seen a 10.08% increase. This growth can be attributed to Arkham Intelligence’s integration of Manta Pacific, which enhances their capabilities for blockchain data analysis and monitoring.

Enhanced Crypto Intelligence with Manta Pacific Integration

Arkham Intelligence (ARKM) is a crypto intelligence platform that utilizes advanced techniques to link blockchain transactions to real-world identities, increasing transparency and efficiency in the market. Founded in 2020, ARKM has emerged as one of the top-performing meme coins in March 2024. With the integration of Manta Pacific, users can access and analyze data such as addresses, entities, and DeFi activities like bridging, swaps, and lending. Custom alerts can also be set for on-chain activities. Additionally, Arkham offers tools for building custom dashboards to track entities, tokens, and DeFi protocols on Manta Pacific. This integration allows for detailed visualizations and real-time monitoring of significant transactions and on-chain volume, expanding Arkham’s utility and scope in blockchain analysis.

Discover the Latest Prices, Charts, and Data of ARKMUSDT Perp and ARKM/USDT Spot on Bybit!

Talk of the Town:

Merlin Chain, a premier Bitcoin Layer 2 protocol, has recently introduced its native token, $MERL. This comes after the platform’s impressive growth to a total value locked (TVL) of $3.6 billion. The $MERL token, based on the BRC-20 standard, enhances the platform’s capabilities by enabling governance, securing the network, and facilitating transaction fee payments and collateral within the ecosystem. With a total supply of 2.1 billion, the distribution plans for $MERL include a 20% airdrop to participants of Merlin’s Seal event, sales to public and private investors, allocations for advisors and the core team, and reserves for community engagement and ecosystem growth. $MERL is set to be listed on multiple major exchanges and will begin trading on April 19, 2024.

Discover the Latest Prices, Charts, and Data of MERLUSDT Perp and MERL/USDT Spot on Bybit!

Spot Bitcoin ETF Flows:

This week, a significant focus has been on Bitcoin and its related spot exchange-traded funds (ETFs) due to the Bitcoin halving event on April 20. The largest U.S. spot Bitcoin ETF has experienced 69 consecutive days of inflows, despite a slowdown in ETF inflows since March. However, concerns remain regarding the mainstream adoption of Bitcoin ETFs, as recent data suggests that these products are not extensively held among asset managers. This contrasts with modest outflows from other products like the Grayscale Bitcoin Trust (GBTC).

Airdrop to Watch:

Airdrop Official has shared a tweet listing alternative cross-chain bridges for cryptocurrency users interested in potential airdrops. These bridges include Nexus Bridge (Hyperlane), LiquidSwap & Lumio (Pontem), deBridge, XSwap, Squid Router, and Bungee Exchange. The tweet recommends focusing on transaction count, frequency, and volume to maximize potential airdrop benefits and advises a selective approach rather than attempting to farm multiple airdrops indiscriminately.

Quelle: Bybit Blog